Technology

Software developer Citrix Systems (Symbol : CTXS) late Tuesday reached a settlement with activist hedge fund Elliott Management's Paul Singer in a deal that includes bringing on a dissident board member, removing its longtime CEO, and potentially selling off a key unit. As part of the deal, Citrix's (Symbol : CTXS) chief executive, Mark Templeton, announced he will retire after 14 years at the helm.

Shares of Microsoft (Symbol : MSFT) were gaining 2.6% to $46.53 Wednesday following the release of the software giant's Windows 10 operating system. Windows 10 is now available to download for free for users with a PC running Windows 7 and Windows 8. While the OS is now available, some users may have to wait to download Windows 10 as Microsoft (Symbol : MSFT) is rolling out the release over time.

Nokia (Symbol : NOK) shares are declining by 1% to $6.55 on Wednesday, one day ahead of the company's fiscal 2015 second quarter earnings results due before the market opens tomorrow. Analysts are expecting the company's earnings and revenue to decline year-over-year.

France's Bpifrance public investment bank said Wednesday it is selling 2 percent of French telecom operator Orange shares in a deal a banking source said was worth about 805 million euros. Bpifrance said its stake holding arm was selling 53 million Orange shares via an accelerated private placement to institutional investors.

Shares of Citrix Systems (Symbol : CTXS) were gaining 10.02% to $76.61 Wednesday after the software company beat analysts' estimates for earnings in the second quarter and announced a deal with activist investor firm Elliott Management. Citrix (Symbol : CTXS) reported earnings of $1 a share for the second quarter, above analysts' estimates of 82 cents a share.

Updated from 12:16 p.m. to reflect the name of the product is Yahoo Livetext, not simply Livetext. Yahoo (Symbol : YHOO)! At an event in New York, Adam Cahan, Yahoo!'s senior vice president of Video, Design and Emerging Products, unveiled the service. Yahoo (Symbol : YHOO)! The app goes live tomorrow in the U.S., U.K., Germany, France and Canada on both iOS, as well as Android.

- Microsoft Corp's (Symbol : MSFT) launch of its first new operating system in almost three years, designed to work across laptops, desktop and smartphones, won mostly positive reviews for its user-friendly and feature-packed interface.

CGI Group Inc (Symbol : GIB), the information systems and management consultancy, said on Wednesday it would target acquisitions in cyber security while exiting some markets entirely, as it reported third-quarter profit and revenue that missed estimates.

Telefonica Brasil SA (Symbol : VIV) raised its outlook for potential gains from acquisition of broadband provider GVT to as much as 16.2 billion reais, according to a presentation released on Wednesday.

Like many consumers, I've mostly stopped listening to the radio  mainly because I rarely drive anymore and many of my favorite shows are available as online podcasts.But AT&T (Symbol : T) customers who miss listening to FM channels will soon be able to flip on their local stations and listen live anytime they want. That's because starting with every new Android phone it sells in 2016, AT&T (Symbol : T) will be activating the receiver inside that's designed to tap into FM signals.Many smartphones today already come with FM chips. In other countries, these get turned on. But not all cellular carriers in the United States support FM radio out-of-the-box. Sprint (Symbol : S) only began "lighting up" those FM chips in 2013.Now AT&T (Symbol : T) is the latest telecom company to add support for FM radio, partnering with the company NextRadio to offer access to radio programs that come to you over the traditional airwaves rather than the Internet. NextRadio is an app that adds an FM tuner to your smartphone, letting you select and change channels."This is a big milestone for the radio industry," said NextRadio in a statement, "and shows working together and supporting this initiative is paying off."Radio stations have been asking regulators to make turning on FM chips a mandatory requirement for cellular service providers. But Tom Wheeler, chairman of the Federal Communications Commission, has said he wants to leave that decision to the telecom companies.The National Association of Broadcasters, which represents radio stations in Washington, welcomed AT&T's (Symbol : T) deal with NextRadio on Tuesday, calling it a "new beginning in mobile technology."Of course, cellular providers have an incentive to discourage radio listening so that consumers will rely more on Internet streaming  a medium that has taken off with services such as Spotify and Rdio.AT&T (Symbol : T) didn't immediately respond to a request for comment.

Altice, the holding company of tycoon Patrick Drahi, will likely take a breather on telecom acquisitions in the short-term as it focuses on closing a cable deal in the U.S., said its chief executive on a conference call. Chief Executive Dexter Goei also appeared to close the door on making another run at buying Bouygues Telecom, after its 10 billion euro bid was rebuffed in June.

Telecom Italia will offer TV series and movies from Netflix (Symbol : NFLX) to its clients after a deal the Italian phone group said would help spur demand for faster Internet in the euro zone's No. 3 economy.

Updated from 9:04 a.m. with Wednesday stock prices. Yelp's dropping profits and worrying changes to the company's advertising strategy led to bad reviews from analysts Wednesday. For the second quarter, the San Francisco-based online review service reported a loss of $1.3 million, or an adjusted 12 cents per share, on revenue of $133.9 million.

Yesterday's hot trend, tomorrow's buyer's remorse. Though cable providers still have plenty of subscribers-- roughly 101.7 million Americans, in 2014, according to research firm IBISWorld-- those numbers are declining. The firm predicts that cable providers will lose a net of around one million subscribers for each of the next several years, reaching 97 million in 2019..

Russian government-backed hackers who penetrated high-profile U.S. government and defense industry computers this year used a method combining Twitter with data hidden in seemingly benign photographs, according to experts studying the campaign.

Like many team coaches, Mark Zimmerman oversees practice sessions, analyzes game footage and makes sure his players get along. Only his players use keyboards, not muscle, as they compete in videogame contests with the hope of reaching lucrative championship matches that draw thousands of spectators to arenas and millions more online. Last spring, 6,200 students from 460 colleges in the U.S. and Canada participated in Activision Blizzard Inc.' s "Heroes of the Dorm," whose...

'The big events are already bigger than the biggest in sports'. If you think videogames are a nerdy pastime for out-of-shape boys gathered around laptops in their parents' basements sipping on cola, you are sorely mistaken. Competitive gaming, known as electronic sports, or eSports, is a global phenomenon valued in the billions of dollars.

Microsoft Corp's (Symbol : MSFT) launch of its first new operating system in almost three years, designed to work across laptops, desktop and smartphones, won mostly positive reviews for its user-friendly and feature-packed interface.

Microsoft Corp (Symbol : MSFT) launched its much-awaited Windows 10 operating system at midnight on Wednesday. Windows 10, which comes almost three years after the launch of the company's last operating system, will be available as a free upgrade in 190 countries for users of Windows 7, Windows 8.1 and Windows Phone 8.1 operating systems, the company said.

Predicting the 2016 election is guesswork, but predicting which television broadcaster will attract the most political advertising dollars doesn't have to be. Analysts say political campaigns, political action committees and SuperPACs will still pay a premium for two things: best-in-market news programs and affiliate stations in states with the most closely-split electorates.

Content for this page, unless otherwise indicated with a Fidelity pyramid logo, is published or selected by Fidelity Interactive Content Services LLC ("FICS"), a Fidelity company with main offices in New York, New York. All Web pages that are published by FICS will contain this legend. FICS was established to present users with objective news, information, data and guidance on personal finance topics drawn from a diverse collection of sources including affiliated and non-affiliated financial services publications and FICS-created content. Content selected and published by FICS drawn from affiliated Fidelity companies is labeled as such. FICS selected content is not intended to provide tax, legal, insurance or investment advice and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by any Fidelity entity or any third-party. Quotes are delayed unless otherwise noted. FICS is owned by FMR LLC and is an affiliate of Fidelity Brokerage Services LLC. Terms of use for Third-Party Content and Research.

Fidelity Brokerage Services LLC Content marked with this symbol is provided by Fidelity Brokerage Services LLC (“FBS”), an SEC registered broker-dealer and member NYSE, SIPC. FBS makes available a full range of stocks, bonds, and mutual funds to individual and other investors through retirement and non-retirement accounts. FBS services its customers through local investor centers, regional telephone service centers and the internet. FBS is an affiliate of FICS.

Before investing, consider the funds’ investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.